The necklaces you’ve been wearing might be worth more than you thought.
The ring on the necklace might be a diamond, but it’s not really a real diamond, and it might be wearing the wrong name.
The word diamond has been used to describe the metal used to make the necklace since the mid-1800s.
The phrase, coined by the American gemologist Alfred Wegener in 1903, has been around since the late 19th century, but in recent years it’s been used more and more frequently to describe anything that has the potential to make a diamond.
“Diamonds are an extremely rare metal.
There’s only a handful of the purest pure diamonds in the world, and the only way to get them is to go to a mine and take the pure material of diamond,” said Mark Lomas, a senior lecturer at the University of New South Wales and a diamond expert.
Mr Lomas said most people would recognise a diamond necklace from a picture or even a video of it, but not one that was actually a real one.
“The one thing that people are not seeing when they see a diamond on a necklace is that it’s actually a diamond.”
It’s also not a real ring, which would be used to unlock the pocket or lock the key in a car.
“It’s not a genuine diamond and it’s a counterfeit diamond,” he said.
“You can buy diamonds on eBay and you can buy them at jewellers, but they don’t look the same.”
The ring could be an imitation, a fake or even the real thing.
You could also buy it online or buy it at an art gallery.
“A lot of people think it’s just a fake, but there’s nothing wrong with it.
It’s an art piece, and you should respect that,” Mr Lomas added.
A diamond ring would cost between $500 and $1,000.
What you can’t buy with your gold chain necklaceThe Australian dollar is set to fall by $1.4 this week, and could even plunge to below half a cent in the next few days.
But if you’re buying gold chain jewelry, there’s no way you can take the loss.
Gold chain necklace is not a good ideaFor gold chain necklacing, the term “fake” is also a no-go.
It is illegal to buy gold chain, or even make it yourself, as it is an illegal substance.
Instead, a ring or bracelet can be bought with an authentic one.
But you can still be fined, or get a $200 penalty notice, if you buy one of these products.
Gold chain can be dangerousIf you buy a gold chain or other item that contains metal, or if it contains any other hazardous materials, like nickel, that can be a problem, said Dr Lomas.
If you’re worried about metal in your jewelry, the best advice is to check with your local gold and jewellery shop.
Ask them for advice about what you can and cannot do with the item.
Some shops will have a metal-free policy, meaning if they can’t guarantee the quality of the product, they won’t sell it.
Dr Lomas advises keeping the jewelry away from children, and always keeping it in a locked container.
“Keep it out of the reach of children,” he says.
Follow the ABC’s diamond news on Twitter at @ABCDiamonds